In the Democratic Republic of Congo, Manono hosts one of the world's largest lithium deposits. While legal disputes have slowed down the exploitation of this deposit, AJN Resources has begun exploration in the same region, hoping to identify another deposit.
AJN Resources, a Canada-based mining company, has started a reverse circulation (RC) drilling program on its Manono Northeast project in the Democratic Republic of Congo. The firm announced the works to find lithium and tin on May 31, 2024. Hub Drilling Limited, a South African company, carries out the work.
According to Klaus Eckhof, CEO of AJN Resources, the RC drilling program will help the firm better understand the geological structures and potential mineralization at deeper levels within its license area. AJN Resources, he added is “looking forward to deepening its knowledge through further detailed drilling, sampling, and analysis.”
The Manono Northeast project is situated near the Manono deposit, estimated to contain at least 400 million tonnes of mineral resources containing 1.65% lithium. However, the Manono project is currently embroiled in a legal dispute, which has slowed down its exploitation. Being close to the Manono deposit, AJN Resources hopes to find a viable lithium deposit in the area.
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Airline to lease two converted Boeing 777 freighters for delivery in 2028 Move aligns with strong global growth in air cargo demand Carrier...
Telecom Namibia secured $23.9 million in financing to expand broadband and mobile infrastructure. Around 35% of Namibia’s population...
The Central Bank of Nigeria requires money transfer operators to open naira settlement accounts locally from May 1. Authorities aim to improve...
Asian and European hubs dominate the 2026 Skytrax ranking, with Singapore Changi leading globally. Only two African airports—Cape Town (74th) and...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...